Moody's assigns B2 to China SCE's proposed USD notes
Rating Action: Moody's assigns B2 to China SCE's proposed USD notes. Global Credit Research- 08 Jan 2019. Hong Kong, January 08, 2019-- Moody's Investors Service has assigned a B2 senior unsecured rating to the proposed USD notes to be issued by China SCE Group Holdings Limited.China SCE Property Holdings is an investment holding company. Through its subsidiaries, Co. is principally engaged in property development, property investment and property management in the People's Republic of China (the PRC). As of Dec 31 2012, Co. owned a land bank with an aggregate planned gross floor area of approximately 8,710,000 sq. m., distributed over Quanzhou (including Shishi, Jinjiang and Nan'an), Xiamen, Zhangzhou, Longyan, Shenzhen, Beijing, Langfang, Tangshan, Anshan and Linfen, the PRC.
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